BabyBurr Enterprises uses customers served as its measure of activity. During February, the company budgeted for 35,300 customers, but actually served 32,200 customers. The company uses the following revenue and cost formulas in its budgeting, where q is the number of customers served: Revenue: $3.809 Wages and salaries: $33,500 + $1.199 Supplies: $0.599 Insurance: $10,700 Miscellaneous expenses: $6.700 + $0.33q The company reported the following actual results for February: Revenue Wages and salaries Supplies Insurance Miscellaneous expense $125,800 $ 68,300 $ 14,700 $ 10,700 $ 19,200 Required: Prepare the company's flexible budget performance report for February. Label each variance as favorable (F) or unfavorable (U). (Indicate the effect of each variance by selecting "E" for favorable, "U" for unfavorable, and "None" for no effect (.e., zero variance). Input all amounts as positive values.) Arrasmith Corporation Flexible Budget Performance Report For the Month Ended February 28 Actual Results Revenue and Spending Variances Flexible Budget Activity Variances Planning Budget Required: Prepare the company's flexible budget performance report for February. Label each variance as favorable (F) or unfavorable (U). (Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (i.e., zero variance). Input all amounts as positive values.) Arrasmith Corporation Flexible Budget Performance Report For the Month Ended February 28 Actual Results Revenue and Spending Variances Flexible Budget Activity Variances Planning Budget 32,200 32,200 35,300 Customers served Revenue Expenses: Wages and salaries Supplies Insurance Miscellaneous expense Total expense Net operating income Ice Bear Corporation's management reports that its average delivery cycle time is 28 days, its average throughput time is 12.0 days, its manufacturing cycle efficiency (MCE) is 0.30, its average move time is 0.2 day, and its average queue time is 3.0 days. Required: a. What is the wait time? (Round your answer to 1 decimal place.) b. What is the process time? (Round your answer to 1 decimal place.) c. What is the inspection time? (Round your intermediate calculations and final answer to 1 decimal place.) a. Wait time b. Process time c. Inspection time days days days